1.) What did I see?
A gap up, with a wide range first bar that closes above the retracement zone of the previous day's low to the opening range high. The second bar in narrower, and an inside bar that closed on top of the retracement zone. The third bar is narrow range, and an inside bar (NR3/IB).
2.) What is the entry?
A break of the third bar high.
3.) What is the exit?
1/2 closed after $1 gain, the other 1/2 closed at the Fibonacci extension of the previous day's low to the opening range high.
No comments:
Post a Comment